Culture Media Market: Development of Newer Antibiotics to Address Bacterial Resistance Concerns Stokes Growth
Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=26273
“Leading companies in the culture media market are focused on mergers and acquisitions and strategic alliances with businesses with complementary strengths,” says a lead analyst at TMR. An excellent example is Thermo Fisher Scientific. In February 2014, the company acquired Life Technologies Corporation to strengthen its biosciences and bioprocessing businesses, thereby accelerating its drug discovery, development, and production capabilities.
High investments for innovative products is a key growth strategy that companies in the culture media market are focused on. A case in point is Thermo Fisher Scientific. The company invested a hefty sum of US$396 mn in 2013 to strengthen its research and development program.
The global culture media market stood at US$5,296.8 mn in 2016 and is projected to be worth US$10,138.6 mn by the end of 2025 expanding at a CAGR of 7.7% between 2017 and 2025.
In terms of media type, the culture media market is segmented into dehydrated culture media, chromogenic culture media, and prepared culture media. The segment of dehydrated culture media dominated the market in 2016 and is anticipated to retain its position until the end of 2025. Prepared culture media stood as the second-leading media type segment of the market in the same year. These segments offer benefits of faster because of which they are extensively used in diagnostic laboratories and research institutes.
Enquiry for discount on this report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=26273
In terms of end-user, hospitals dominated holding 43.5% of the culture media market in 2016. This was followed by the segment of academic and research institutes and is expected to maintain its second-leading position over the forecast period between 2017 and 2025. On the other hand, the diagnostic centers segment is expected to display a declined market share between 2016 and 2025.
In terms of geography, the global culture media market is divided into North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. North America, among these accounts for the leading contribution to the global culture media market. Between 2016 and 2025, the share of this region is expected to increase from 39.3% to 43%. Advances in medical technology with a corresponding increase in application of culture media are key factors for the dominance of North America in the global market. The U.S. accounts for the major share of North America culture media market.
Europe is the second-leading regional segment in the culture media market. The significant position of this region is mainly due to substantial investments from top players for research and development pursuits for disease diagnosis.
Increasing demand for antibiotics is the primary factor propelling the culture media market. The increasing resistance of bacteria to antibiotics is necessitating the development of new antibiotics for treating disease indication. Research and development initiatives for newer pharmaceutical products for application in disease diagnosis is further benefitting the growth of this market.
Report Overview @ https://www.transparencymarketresearch.com/culture-media-market-media.html
On the downside, high cost associated for the preparation of various types of culture media and stringent process controls are challenging the market’s growth.
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR’s syndicated reports strive to provide clients to serve their overall research requirement.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Culture Media Market: Development of Newer Antibiotics to Address Bacterial Resistance Concerns Stokes Growth here
News-ID: 977645 • Views: 132
More Releases from Transparency Market Research
Packaging Machinery Market Outlook | Development Factors, Latest Opportunities a …
With the increasing advancement in packaging technology for variety of end-use application, the demand is expected to grow further in the next ten years. Manual tasks are rapidly being replaced by automatic packaging machines in the each and every industry globally. Most of the demand for packaging machinery is generated from the food & beverages industry due to significant growth in the consumption of the packaged food in the developing
Kraft Paper Market - Detailed Analysis of Current Industry Figures with Forecast …
Kraft Paper is produced by Kraft (chemical) pulp, has high toughness handling capacity and printability. Kraft Paper is widely used in the packaging industry, by converting it into bags, pouches, wrapping papers, cans, cartons, corrugated sheets including others. Kraft pulp, which is used for the manufacturing of Kraft Paper, is comparatively darker than other than other wood pulps. Kraft Paper can be bleached to improve its brightness and is also
Child Resistant Packaging Market Segmented by Product, Top Manufacturers, Geogra …
According to the ASTM Index Type, child resistant packaging is segmented into reclosable and non-reclosable packaging type. The child resistant packaging is segmented in the market on the basis of the type of packaging product. Some of them are caps & closure, blisters & clamshells, joint container tubes, bags & pouches, and cartons. The caps & closures are assumed as the first child resistant packaging products developed in the United
Content Moderation Solutions Market Report to Share Key Aspects of the Industry …
The global content moderation solutions market is projected to register a CAGR of more than 10% between 2019 and 2027. The global content moderation solutions market is projected to be driven by the increasing spending on digital advertising. Marketing leaders are spending more on their websites, digital commerce, and digital advertising. Not only large enterprises, even small and medium enterprises are shifting from traditional advertising to digital advertising. This is expected
More Releases for TMR
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
TMR - 3D Printing Materials Market by 2020
The global 3D printing materials market will exhibit a CAGR of 18.0% between 2014 and 2020. The market was valued at US$450 mn in 2013 and is expected to reach US$1.4 bn by the end of 2020, according to a research report released by Transparency Market Research. The report titled “3D Printing Materials - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020” is available for sale
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the